How Much Does a Bathroom Reno Cost?

Updating your bathroom with a sleek new toilet, sink and tub can increase your home’s value. But how much does a quality bath refresh cost?

There are several factors that can skew your bathroom reno costs. Here are a few to consider: the scope of your remodel, including changes to floor plan and utilities; and the types of materials you choose.

Materials

The materials used to complete a bathroom renovation can account for 10 to 15 percent of the total cost. You may have to purchase new flooring, shower doors and hardware, and fixtures such as a toilet, tub, sink, or faucets. The materials you choose will influence the design, so make sure that you shop around to find the best deals.

When remodeling a bathroom, it’s important to use durable, water-resistant materials. Ideally, tile is the best choice for walls and floors, as it’s both stylish and water-resistant. Other options include vinyl, hardwood, and cork.

You should also consider the cost of disposing of any unused materials, such as paint and flooring. Depending on the scope of your renovation, you may have to hire a waste removal service or specialized recycler. Also, be sure to have a plan for replacing any old or damaged plumbing fixtures before starting the renovation. This will save you money in the long run.

Labor

Bathroom remodels are usually done by professional contractors, and labor costs play a big role in overall project cost. For example, plumbing can be one of the most expensive parts of a renovation because it requires skills and tools that most homeowners don’t have. If you’re planning on moving plumbing around, it’s a good idea to bring in an experienced plumber to ensure the job is done correctly.

Another expense is tearing down and installing new walls. Expanding a bathroom often involves rerouting electrical wiring and removing and reinstalling framing and drywall. A major overhaul might even require a structural engineer.

A sleek, updated bathroom adds value to your home. If you’re looking to sell in the future, a bathroom remodel is an excellent investment. But before you start splurging on fixtures and finishes, it’s worth considering your options for financing. Personal loans can offer a low interest rate and fast approval, so you can get started on your dream bathroom sooner.

Permits

While the idea of applying for permits and waiting around for inspections can seem tedious, obtaining them is an important part of any home renovation project. Permits ensure that your renovation is built safely and to code, protecting both you as the homeowner and any future buyers of your home.

As for what kinds of projects require a permit, the scope will vary depending on where you live and your municipality’s regulations. Generally speaking, though, you’ll need a permit for any changes that alter plumbing or electrical infrastructure or add structural components to your bathroom. This includes things like adding a window, building a dividing wall, and moving a bathtub, says Sweeten’s general contractor.

On the other hand, cosmetic changes typically don’t require a permit. For example, you may be able to change out your vanity, sink, and tub as long as they remain in the same locations. This is one of the reasons why many homeowners opt to work with a general contractor who can handle permit applications on their behalf.

Taxes

A bathroom remodel is a great way to add value to your home. However, it is important to consider the tax implications of your renovation. This will help you decide whether this is an investment or not.

The cost of a bathroom remodel can include design fees, sales taxes, and permit fees. These fees can add up to 5-10% of the total construction costs. The design fee will depend on the scope and style of your project, while the sales and permit fees may vary by municipality.

Property owners who want to claim the tax deduction for a bathroom renovation should be aware that the law has changed. It is now only available to people who own their primary residence. Investors who are renovating properties that they intend to rent must take this into account when determining their budget. They also need to be mindful of the changes to property depreciation laws. This will affect how much they can claim in a year and may even impact their cash flow.